Pratham EPC Projects Ltd - IPO

Pratham EPC Projects Ltd IPO Details

Initial public issue of 4800000 equity shares of face value of Rs. 10/- each of Pratham EPC Projects Limited (PEPL or the Company or the Issuer) for cash at a price of Rs. 75/- per equity share including a share premium of Rs. 65/- per equity share (the Issue Price) aggregating to Rs. 36.00 crores (The Issue), of which 240000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 75/- per equity share including a share premium of Rs. 65/- per equity share aggregating to Rs. 1.80 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 4560000 equity shares of face value of Rs. 10/- each at a price of Rs. 75/- per equity share including a share premium of Rs. 65/- per equity share aggregating to Rs. 34.20 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 27.03% and 25.68%, respectively, of the post issue paid up equity share capital of the company. the face value of the equity shares is Rs. 10/- each. Price Band: Rs. 75 per equity share of face value of Rs. 10 each.The floor price is 7.5 times of the face value.Bid can be made for a minimum of 1600 equity shares and in multiples of 1600 equity shares thereafter.

Objective of issue

Purchase of Machinery. To Meet Working Capital Requirements. General Corporate Purposes.

Pratham EPC Projects Ltd Contact Details

Pratham EPC Projects Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@prathamepc.com

Website - www.prathamepc.com